The anonymous Degenspartan(who is DEFINITELY not fooo) can probably be credited with the introduction of the notion of overt “psy-ops” within the Crypto Twitter milieu.
Mr. Spartan correctly identified a very primal, very human instinct in people who invest in markets: a dualistic impulse both to listen to a wise guide, and also to distrust or have suspicion as to said guide’s motives as a natural self-protection mechanism.
Different people have different balances of this impulse. Some are very naive and trust too much, some are so cynical that they miss out on genuine alpha leaks (or as fooo calls them, “alfalfa leeks”)
Until the introduction of overt “psy-ops”, the humorousness of each person’s attempt to present a stoic face while internally attempting to correctly balance this inherently-dualistic natural impulse was a generally-accepted de-facto notion within CT amongst those in the know, and often the source of the dankness of select memes. However, the exploitation of naivety ran rampant.
Some influencers, oft referred to as “influenzas” are honestly well-intentioned — but most influencers are likely liars, either to themselves or to their audience, when they shill a coin or highlight something — and humans pick up on this, at least subconsciously, by gaining a certain acceptable level of distrust for the person.
“Oh yeah so-and-so is probably just out for themselves, but maybe I can figure out how to exploit his shills to my own advantage so I won’t complain about it — it’d be futile anyway”
Degenspartan’s genius was to actually forge MORE trust with his audience by admitting that he dumps on his followers sometimes, and employs CT psy-ops for his own gain while also leaking enough alpha that you’d be a fool not to listen to him anyway.
This incepted a trend of transparency of motive, which adds an interesting dimension to the Game Theory and culture of CT, especially if it snowballs and becomes the norm to which large accounts are publicly held accountable.
There is a certain ironic ugliness to the entitled, unrealistic expectations of both naive twitter followers who idolize a coin or a coin guru, and the coin guru who lied to their followers while dumping and still claiming the moral highground.
To the naive herd of holders (@xrplovernomatterwhat type handles) that promise revenge on an influencer who shilled a coin and then dumped it: did you really expect them to hodl forever and sacrifice themselves and all their gains just for you, even when the coin was eventually going to dump anyway?
to the coin gurus who lie to their followers and never admit their con: do you really enjoy ruining the lives of the naive and the uneducated just for some extra cash?
The introduction of transparency of motive through transparent psy-ops is a dank meme, but also highlights by juxtaposition ALL bad actors who aren’t transparent about what they do, as well as the naivety of those who trust indiscriminately.
People love to meme that Degenspartan is a “lawful evil” cackling villain, but, by way of promoting and illuminating transparency of motive with humorous memes he has actually contributed to a MORE ethical culture on CT in several ways.
Any influencer who admits they employ psy-ops and plan to dump on you if you let them FORCES you to account for these things. They remind you to own up to your own accountability of your own actions for yourself and to exercise discernment.
Few understand.
Self-righteous soapbox-preaching virtue-signaling tards who don’t grasp the whole picture won’t listen tho.
They never listen fooo.
Will you?
Now let’s talk Game Theory and why you can listen fooo, despite all the memes where fooo is behind you holding a gun in space demonstrating to you how it always has been the way you’re just realizing.
fooo is definitely transparent of motive. Short-term, fooo wants to stack USD by playing the macro movements of these beautiful paradigm-newing ponzi techs.
fooo will likely never entirely sell out of BTC and ETH either, there will always be a bit set aside, even when fooo thinks it’s the top, just in case BTC becomes the global reserve currency or something — and fooo fully plans to re-invest into the next macro cycle low.
Aspects of BTC, ETH and a few other criptcons are interesting, but fooo is largely agnostic to the tech — fooo is a “value maxi” and simply trying to increase the value of fooo’s net worth across the dominant-denomination-du-jour of what value is commonly-accepted to be.
fooo has and will dump on you. However, does this mean you shouldn’t listen to the things fooo posts? fooo has been pretty transparent about fooo’s macro swing trades, and if you track back through fooo’s feed, you’d see fooo has absolutely pimped this market since March and hit insane multiples.
but if fooo plans to dump on you, could dump at any time, and has made it known that fooo isn’t in it for the tech, why should you pay attention?
Because trading is a zero-sum war game. The more people who are influenced by fooo, the more the market goes the way fooo hopes it will go, and the more the heretical infidels who don’t listen fooo receive a one-way ticket on the train to pound-town
this is good for fooo, but it also makes sense that fooo would try the best fooo can to make sure you, if you listen fooo, buy good, fooo-approved bags, rather than dogshit, and that you don’t make rookie mistakes.
This builds trust which is immensely important in the digital age where info-wars abound. Anyone who betrays the trust of their following and isn’t transparent of motive is a fool because they are trading paltry short-term profits for the currency of trust, which is more valuable.
Yes, there is the fun and camaraderie of just trolling around and crafting dank memes while the ponzis make us all rich, and that is well and good.
fooo would be on tweeter even if fooo never leeked alfafa.
but when fooo buys a bag of something, it’s more gainful for fooo to try fooo’s best to inform fooo’s followers so that there is more buy pressure on what fooo owns and wants to go up. Shilling a criptcoin one owns isn’t dissimilar to shilling a beanie baby or a pokemon card, and these criptocones have more real-world utility.
let the no-coiner infidels, the Roubinis and Schiffs of the world fomo our bags higher. There is plenty of them. The RR is insanely asymmetric from here.
We live in an age of unavoidable, inextricable digital tribalism; in the war game that is trading, one might as well create a profitable digital tribe that defeats other tribes.
Just remember: fooo has never done a paid shill (and would disclose it if fooo did), and fooo will always offer the very real disclaimer that none of this is financial advice, that fooo isn’t your financial adviser, and that you should do your own research.
Think critically.
Come to your own conclusions.
Make your own investment decisions responsibly according to your life and needs.
This is not just a platitude.
You, dear reader, are a human with agency and it is incumbent upon you to always be mindful, to learn and weigh all the very real risks that exist within any space with reward, and to accept the consequences of all the decisions that you yourself make.
Never trust anyone 100%.
fooo doesn’t just say that as a disclaimer.
fooo says that because fooo wishes people would take more than a picosecond to consider before jumping into investment decisions.
When influencers are transparent of motive it leads to a more ethical community because investors are reminded of their own responsibility to do their own research and make their own decisions. If you’re going to join a digital tribe (or several) it is likely wise, then, to find influencers who are transparent of motive.
Anyways bros, remember: even if you just want to follow fooo for the trolling and shitposts,
fooo loves you.
